1650 messages,
Last post on Apr 13, 2013 at 11:29 AM
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Volvo XC90, Car Leasing, SUV
#1477 of 1650 Re: Volvo XC90 Sept 2009 Lease Incentives & Terms [goucla]
by zamo
Sep 04, 2009 (8:35 am)
For apple to apple comparisons, I do not include sales tax. I also metioned $0 down; not sure if the lease deal has the same term.
The cost of ownership really depends on what type of maintenance I choose. The local mainekee can perform the basic tire rotation and oil changes inexpensively.
Based on these examples were are at a point where a CPO buy and a new lease might cost the same after 48 months. The leased car goes away whereas the CPO is being kept. 2 more years with no car payments makes it a win-win situation.
Before, when the XC90 was a $429/month deal for 24 months, it was a NO-brainer. I do have a 2008 XC90 with all options but Navi. 24 month lease of course.
#1478 of 1650 Lease Buyout
by fantom
Sep 04, 2009 (9:19 am)
My 2009 XC-90 two year lease is running out in several months. The residual on it is about $31K. I've heard stories about Volvo Financial knocking as much as $10K off the residual for a buyout.
Is this possible, a reality, anyone with any knowledge?
Would seem to make some sense given the deals on a new XC-90, and the very depressed value of used ones. If this is not fact, we're in the market again......
#1479 of 1650 Re: Lease Buyout [fantom]
by volvomax
Sep 04, 2009 (11:16 am)
VFNA isn't knocking $10k off XC90's. Maybe last year,but not this year.
XC90 prices are going up at the auctions.
$31k is about right for an 09 if its a 6 cyl.
#1480 of 1650 Re: Lease Buyout [volvomax]
by fantom
Sep 04, 2009 (12:02 pm)
It's an '08 AWD, with about 18,000 miles.
Is VFNA knocking anything off?
Add a couple of grand to the residual, and we can purchase a new XC-60.
#1481 of 1650 Re: Lease Buyout [fantom]
by goucla
Sep 04, 2009 (1:25 pm)
How'd you get an 09 two years ago?
#1482 of 1650 Re: Lease Buyout [fantom]
by volvomax
Sep 04, 2009 (2:56 pm)
For an 08 AWD, wholesale is
$28,000
So, probably not much relief there.
Sep 08, 2009 (1:42 pm)
Does anyone have #'s for a new XC90 ? I have a 2008 coming up in December.
Looking for V6, AWD, climate and 3rd row.
Lowest miles per year
Thanks
#1484 of 1650 Re: safe and sound [goucla]
by Car_man HOST
Sep 24, 2009 (3:17 am)
Hi goucla. What you were told by the dealer is correct. Volvo is only providing $3,000 on leases of '09 XC90 3.2 models through independent banks in September.
Car_man
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#1485 of 1650 Re: Help! - Need September XC90 Lease Numbers [goucla]
by Car_man HOST
Sep 24, 2009 (3:20 am)
Hey goucla. It does not appear as though Volvo is running a special lease program on the XC90 through Volvo Finance this month. If you really want to lease this car, you probably would be best off doing so through US Bank and taking advantage of the additional $3,000 cash incentive that Volvo is providing on leases of the '09 XC90 3.2 and $4,000 on leases of the '10 through independent banks. Unfortunately, I have not seen the US Bank lease program so I don't know what the specifics of it are.
Car_man
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#1486 of 1650 New Lease deal on xc90
by jtminuteman
Sep 29, 2009 (10:13 pm)
I went over to the San Diego Volvo dealership today to check out the '10 XC90. Here is the lease deal they gave me. Thoughts?
Invoice Price - 37560 + 350 = 37910
VA - 500
ALA - 4000 (from US Bank)
So the price was 33410.
The Residual was 9988 on a 5 yr/60000 car with drive cost of 7500 and 455/mo w/ taxes.
Is this a good deal?